EUR to NOK Exchange Rate

Upcoming Events for EUR and NOK

		Notikums	Prev.	Cons.
10h 27m Zems	EUR	PPI YoY (Mar)	-5.1%	-4.8%
10h 27m Zems	EUR	Export Prices YoY (Mar)	-6.9%	-6.3%
10h 27m Zems	EUR	Import Prices YoY (Mar)	-5.9%	-5.4%
10h 27m Zems	EUR	Unemployment Rate (Mar)	7.8%	8%
12h 27m Zems	EUR	Bundesbank Nagel Speech
13h 2m Zems	EUR	ECB Cipollone Speech
13h 27m Zems	EUR	Ifo Current Conditions (Apr)	88.1	88.7
13h 27m Zems	EUR	Ifo Expectations (Apr)	87.5	88.9
13h 27m Augsts	EUR	Ifo Business Climate (Apr)	87.8	88.9
13h 27m Med	EUR	Consumer Confidence (Apr)	96.5	96.9

NB and ECB Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
Norway	Norges Bank	4.5%	4.5%	9 days
Euro Area	European Central Bank	4.5%	4.5%	43 days

The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed above economists' forecast of 50.8.

RTTNews | 9h 53min ago

Eurozone Construction Output Rises For Third Month

Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, preliminary data from the statistical office Eurostat showed Thursday. Construction output rose a calendar and seasonally adjusted 1.8 percent month-on-month following a downwardly revised 0.2 percent gain in January.

RTTNews | 5 days ago

German Economic Confidence Strengthens On Recovery Hopes

Germany's economic confidence strengthened more-than-expected to hit the highest in more than two years in April as investors anticipate the economy to pick up over the coming months amid the global recovery, survey results from the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment surged to 42.9 in April from 31.7 in the previous month. The reading was seen at 35.1.

RTTNews | 7 days ago

Eurozone Industrial Production Recovers In February

Eurozone industrial production recovered in February driven by the rebound in capital and durable consumer goods output, official data revealed on Monday. Industrial production grew 0.8 percent on a monthly basis in February, Eurostat reported. This was in contrast to the 3.0 percent contraction seen in January but matched economists' expectations.

RTTNews | 8 days ago

Analysis for EURNOK

Saudi Oil Price Adjustment Adds to Growth Fears

As I reflect on the recent events in the foreign exchange market, it becomes apparent that stability prevailed overnight, following the release of the latest nonfarm payrolls report on Friday. Despite the report triggering a brief uptick in volatility, the overall impact on the market seemed limited.

ACY Securities | 104 days ago

Is it time to buy EURUSD?

Late cycle dollar strength meets the carry trade. I see two key themes driving FX markets in the near term. The first is central banks continuing to battle inflation, yield curves staying inverted, and the dollar continuing to hold gains. The second is cross-market volatility continuing to sink - generating greater interest in the carry trade. Expect these trends to hold into Fed, ECB and BoJ meet

ACY Securities | 319 days ago